The OPEC deal has given quite a boost to Crude.
However, Trump is attempting to persuade Saudi Arabia to enhance
production by 2 mln bpd. This is double what the market expected
and might stall the rally.
For now, Crude remains a buy on dips. But keep your eyes on the wires.
However, Trump is attempting to persuade Saudi Arabia to enhance
production by 2 mln bpd. This is double what the market expected
and might stall the rally.
For now, Crude remains a buy on dips. But keep your eyes on the wires.
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Join over 42,000 traders and get the Forex Course for Smart Traders - 17 in-depth lessons - always 100% free at MarketMates.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.